orbis global

Good informed posts roidz, shame I didnt see them last week.

I have noted that Orbis Global Equity Fund, on top of all the shares they already own, invested millions at $3.85 last week, just before the announcement that drove price to $2.80. I thought they would not be too happy about that.

They have now gone and invested another $9m+ to acquire more shares at about $2.85 pushing their ownership to 9.69% and losing a heap more money based on today's close. They seem pretty keen on the stock, any idea who they are or who they might be acting for?

Von.